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Global Silicone Coating Market: By Product: Silicone Additives, Silicone Water Repellents, Silicone Polymers, 100% Silicone; By Application: Building and Construction, Consumer Goods, Others; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics: SWOT Analysis; Competitive Landscape; Industry Events and Developments
Global Silicone Coating Market Outlook
The global silicone coating market attained a value of USD 5.20 billion in 2020. The market is further expected to grow in the forecast period of 2022-2027 at a CAGR of 6.1% to reach USD 7.40 billion by 2026.
The Building and Construction Segment to Account for a Substantial Market Share of the Global Silicone Coating Industry
The building and construction segment is projected to account for a substantial share of the global silicone coating industry due to the rapid urbanisation and the growing prevalence of residential and commercial real estate around the world. Furthermore, new government rules and regulations have prompted the protection of old building structures, which is key in increasing the demand for silicone coating. Additionally, silicone coatings are being used for waterproofing roofs and walls and providing thermal and chemical resistance to buildings.
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These properties have also augmented the growth of the silicone coating industry. Meanwhile, the growing investments in construction projects have enhanced the demand for silicone coatings because of their reliability and quality. This has significantly contributed to the growth of the silicone coating industry.
The Asia Pacific to Provide Significant Growth Opportunities to the Silicone Coating Industry
Geographically, the Asia Pacific is projected to account for a significant share in the industry owing to new regulations and increased government investments to encourage the adoption of silicone coating across the region. The favourable government policies such as the new residential construction projects in China because of their developing middle class and the Indian government’s plan to create hundred new smart cities are expected to aid the silicone coating industry growth. Meanwhile, the Asia Pacific is expected to witness a robust growth in the forecast period due to the growing consumer goods industry, which is being supported by the factors like advancements in technology, extensive research and development activities, and growing Chinese production.
Silicone Coating: Industry Definition and Segmentation
Silicone coatings are hydrophobic covalently bonded coatings that are formed when silicone films are applied to silica-based substrates. They possess properties like UV, chemical and thermal resistance along with strong adhesion to low temperature surfaces. Furthermore, the composition and attributes of silicone coatings can be altered by adding fillers or tailoring the chemical structure of the precursors that makes it among the most useful materials for a wide variety of applications.
By product, the market is divided into:
- Silicone Additives
- Silicone Water Repellents
- Silicone Polymers
- 100% Silicone
Based on application, the industry can be segmented into:
- Building and Construction
- Consumer Goods
- Automotive and Transportation
- Industrial Application
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
Increasing Environmental Concerns to Bolster the Growth of the Silicone Coating Industry
The global silicone coating industry is being driven by the increasing demand for eco-friendly coating across the globe. The rising environmental concern and the increasing global demand for green buildings in combination with stringent VOC regulations are supporting the growth of the industry. Additionally, the favourable government initiatives, particularly in North America and Europe, have further boosted the demand for silicone coating in repair work in the automotive and transportation segment. Over the forecast period, the rising disposable income and technological advancements are expected to favour the growth of the automotive and transportation industry, which, in turn, is expected to significantly contribute to the global silicone coating industry growth.
Key Industry Players in the Global Silicone Coating Market
The report gives a detailed analysis of the following key players in the global silicone coating market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Evonik Industries AG
- Wacker Chemie AG
- Shin-Etsu Chemical Co., Ltd.
- Carboline Company
- The Dow Chemical Company
- Others
The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model along with giving a SWOT analysis.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2020 |
| Historical Period | 2017-2021 |
| Forecast Period | 2022-2027 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Product, Application, Region |
| Breakup by Product | Silicone Additives, Silicone Water Repellents, Silicone Polymers, 100% Silicone |
| Breakup by Application | Building and Construction, Consumer Goods, Automotive and Transportation, Industrial Application |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Evonik Industries AG, Wacker Chemie AG, Shin-Etsu Chemical Co., Ltd., Carboline Company, The Dow Chemical Company, Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Silicone Coating Market Analysis
8.1 Key Industry Highlights
8.2 Global Silicone Coating Historical Market (2017-2021)
8.3 Global Silicone Coating Market Forecast (2022-2027)
8.4 Global Silicone Coating Market by Product
8.4.1 Silicone Additives
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2017-2021)
8.4.1.3 Forecast Trend (2022-2027)
8.4.2 Silicone Water Repellents
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2017-2021)
8.4.2.3 Forecast Trend (2022-2027)
8.4.3 Silicone Polymers
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2017-2021)
8.4.3.3 Forecast Trend (2022-2027)
8.4.4 100% Silicone
8.4.4.1 Market Share
8.4.4.2 Historical Trend (2017-2021)
8.4.4.3 Forecast Trend (2022-2027)
8.5 Global Silicone Coating Market by Application
8.5.1 Building and Construction
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2017-2021)
8.5.1.3 Forecast Trend (2022-2027)
8.5.2 Consumer Goods
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2017-2021)
8.5.2.3 Forecast Trend (2022-2027)
8.5.3 Automotive and Transportation
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2017-2021)
8.5.3.3 Forecast Trend (2022-2027)
8.5.4 Industrial Application
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2017-2021)
8.5.4.3 Forecast Trend (2022-2027)
8.6 Global Silicone Coating Market by Region
8.6.1 Market Share
8.6.1.1 North America
8.6.1.2 Europe
8.6.1.3 Asia Pacific
8.6.1.4 Latin America
8.6.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2017-2021)
9.1.2 Forecast Trend (2022-2027)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2017-2021)
9.2.2 Forecast Trend (2022-2027)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2017-2021)
9.3.2 Forecast Trend (2022-2027)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2017-2021)
9.4.2 Forecast Trend (2022-2027)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2017-2021)
9.5.2 Forecast Trend (2022-2027)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 EMR’s Key Indicators for Demand
10.4 EMR’s Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 Evonik Industries AG
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 Wacker Chemie AG
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 Shin-Etsu Chemical Co., Ltd.
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 Carboline Company
12.2.4.1 Company Overview
12.2.4.2 Product Portfolio
12.2.4.3 Demographic Reach and Achievements
12.2.4.4 Certifications
12.2.5 The Dow Chemical Company
12.2.5.1 Company Overview
12.2.5.2 Product Portfolio
12.2.5.3 Demographic Reach and Achievements
12.2.5.4 Certifications
12.2.6 Others
13 Industry Events and Developments
List of Figures and Tables
1. Global Silicone Coating Market: Key Industry Highlights, 2016 and 2026
2. Global Silicone Coating Historical Market: Breakup by Product (USD Billion), 2017-2021
3. Global Silicone Coating Market Forecast: Breakup by Product (USD Billion), 2022-2027
4. Global Silicone Coating Historical Market: Breakup by Application (USD Billion), 2017-2021
5. Global Silicone Coating Market Forecast: Breakup by Application (USD Billion), 2022-2027
6. Global Silicone Coating Historical Market: Breakup by Region (USD Billion), 2017-2021
7. Global Silicone Coating Market Forecast: Breakup by Region (USD Billion), 2022-2027
8. North America Global Silicone Coating Historical Market: Breakup by Country (USD Billion), 2017-2021
9. North America Global Silicone Coating Market Forecast: Breakup by Country (USD Billion), 2022-2027
10. Europe Global Silicone Coating Historical Market: Breakup by Country (USD Billion), 2017-2021
11. Europe Global Silicone Coating Market Forecast: Breakup by Country (USD Billion), 2022-2027
12. Asia Pacific Global Silicone Coating Historical Market: Breakup by Country (USD Billion), 2017-2021
13. Asia Pacific Global Silicone Coating Market Forecast: Breakup by Country (USD Billion), 2022-2027
14. Latin America Global Silicone Coating Historical Market: Breakup by Country (USD Billion), 2017-2021
15. Latin America Global Silicone Coating Market Forecast: Breakup by Country (USD Billion), 2022-2027
16. Middle East and Africa Global Silicone Coating Historical Market: Breakup by Country (USD Billion), 2017-2021
17. Middle East and Africa Global Silicone Coating Market Forecast: Breakup by Country (USD Billion), 2022-2027
18. Global Silicone Coating Market Structure
Key Questions Answered in the Report
In 2020, the global silicone coating market attained a value of nearly USD 5.20 billion.
The market is projected to grow at a CAGR of 6.1% between 2022 and 2027.
The major drivers of the industry such as rapid urbanisation, growing automotive and transportation industry, government rules and regulations, technological advancements, increased construction projects, and extensive research and development activities are expected to aid the market growth.
The key market trends guiding the growth of the industry include the increasing environmental concerns and the increasing global demand for green buildings in combination with stringent VOC regulations.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The various products are silicone additives, silicone water repellents, silicone polymers, and 100% silicone.
On the basis of application, the industry can be segmented into building and construction, consumer goods, automotive and transportation, and industrial application.
The major players in the industry are Evonik Industries AG, Wacker Chemie AG, Shin-Etsu Chemical Co. Ltd., Carboline Company, and The Dow Chemical Company, among others.
Analyst Review
The global silicone coating market attained a value of nearly USD 5.20 billion, driven by rapid urbanisation. Aided by increasing environmental concerns and global demand for green buildings, the market is expected to witness a further growth in the forecast period of 2022-2027, growing at a CAGR of 6.1%.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. By product, the global silicone coating market is divided into silicone additives, silicone water repellents, silicone polymers, and 100% silicone. Based on application, the industry can be segmented into building and construction, consumer goods, automotive and transportation, and industrial application. The major regional markets for silicone coating are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Evonik Industries AG, Wacker Chemie AG, Shin-Etsu Chemical Co. Ltd., Carboline Company, and The Dow Chemical Company, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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